Sunday, May 19, 2019

Despite the drums of the American war, the indicators are buyable SP500


What we have talked about for Dow Jones seems to be clearer on the SP 500, which is steadily trading above the 200-day average with a clear increase in liquidity on the index even before the opening of the New York Stock Exchange as if Asian traders had decided to take a seat in the US

Technically trading remains above the 200-day average with strong support at 2845 giving the index a good opportunity to rise to 2896 again, the first resistance level

Trading Recommendation
Buy the index from current levels 2786
Stop loss (must be strictly adhered to during that period) 2838.59
Take Profit 2838

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